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20121226
20121226
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
that shut down interstate 40 joust outside oklahoma city. texas got a double dose of bad weather, a 25-year-old man was killed near houston after a tree fell on his pickup. snow covered the ground in long view and turned dallas into a winter wonderland and blizzard warnings stretched from arkansas to pennsylvania. turning to mobile, alabama, windows were shattered and cars tossed off streets as this tornado touched down. >> oh my god, we need to go. it's right there. >> that's scary. several buildings damaged and several car accidents were blamed on the storm but no reports of serious injuries. emergency management officials tell cnn power has been restored to many customers, just over 7,000 in the dark, down from 23,000 last night. we head to mobile, christina leavenworth of w.e.a.r. in just about an hour weather officials will assess damage. christina, what are you hearing so far? >> reporter: good morning, carol. we are seeing a lot of damage here and it's widespread. the national weather service is saying the tornado touched down in five different locations, one of them here at murphy h
a special plan by the city to convert the memorial, here is part of what this city official told residents. the thousands of flowers, letters and prayers, the signs and photos, teddy bears and more will be gathered and processed into soil that will serve in the foundation of a future permanent memorial to honor the slain children and adults. officials say it will be a sacred memorial. the items will be collected and converted starting this week. >>> now, new information on that tragic shooting in upstate new york on christmas eve. two firefighters were shot and killed. two others were wounded, after responding to a call that a house was on fire. today we're learning more about the shooter, william spengler. police say the 62-year-old set fire to his sister's house, and then shot the firemen. police think he also killed his sister, her body was found in the burnt home. spengler left a suicide note. and here's part of it. i still have to get ready to see how much of the neighborhood i can burn down and do what i like doing best, killing people. but why he did it, police say they may never kn
a wide funnel cloud is filmed barreling across the city. lightning flashing inside, like giant christmas ornaments. they were spawned from a snowstorm from all the way in california. triggering these explosions. the midtown area of mobile fully blacked out. lit only by the lights of police cruisers. across the region, over 250,000 people without power. >> we've had some moderate to minor injuries. to this point, there's been no deaths reported. judging by some of the damage we witnessed today, it's a miracle. >> reporter: dazed residents pick through the debris, as rescuers check for people still trapped in the rubble. the winds mana s mangling the antebellum homes here. and it's not over yet, sam. a high wind warning is in effect. we talked about the breadth of the damage coming through last night. the only lights for miles around were those of police flashers. the power crews that were out last night are still working trying to get power back to the hospital. they haven't even begun to clear main roads in downtown mobile. and all of this weather is punching through to georgia, the caro
are getting some twitter for rick. what is new york city looking like with a nor'easter on thursday. i want to know the answer on that. deadly storm system that pounded the midwest with storm and thousands of tornados heading northeast this morning. oh, my god. that is a tornado. oh, wow. oh, jesus, look at that tornado. >> gretchen: that funnel cocloud was spot indeed mobile, alabama and 10s of thens of people now without power. >> i prayed to god as loud as i could . praying for my safety and i knew and prayed that the truck stayed put and god would protect me. the brutal winds tossed the cars on top of each other and left the neighborhood a complete disaster. >> i never saw one in real life and just to be able to hear one, it is it a mile from where we are. it pretty amazing. toppled treese ended up killing two people in texas and louisiana. oklahoma got about seven inches of snow in that state . the weather was to blame for a massive car pile up on interstate 40. a woman died in another highway crash nearby. >> we talked about the flights all over the u.s. are cancelled . logan internat
down over the skyline in mobile, alabama. it's just one of several twisters reported in that city, and residents are telling us they felt surrounded. >> and when it come down, we looked and everything seemed green like it was popped off transformers left and right. we heard a noise, and then all of a sudden i took off and off and started walking down here. >> i prayed to god as loud as i could and, i was just praying for my safety. i knew that the truck was knew the truck was shaking. i just prayed that the truck stay put and that god would protect me. jamie: a lot of praying going on in that part of the country. they're used to this kind of weather, but just not now. mother nature is also taking a toll on the midwest. take a look at this, snow and ice-covered roads have forced residents to stay indoors. they're patiently waiting for the storm to pass, at least we hope so. news extreme weather center. i'm surprised, maria when we look at video how many people are on the roads. that's crazy. >> stay home today. stay home with your families if you don't have to go to work. those con
in the city of about 200,000. >> oh, wow! check that tornado out. it's been on the ground now for over a minute. >> reporter: the christmas day tornado damaged buildings, brought down trees, power lines and ripped through the wall of this church. workers in the area describe the scary moments. >> praying for everybody and everyone was kind of like in panic mode. >> reporter: earlier in the day, dramatic storm chaser video captured the scene in mcneill, mississippi. in texas at least three reported tornadoes touched down across the state tuesday. witnesses say the tornado the size of two football fields passed through an area about 100 miles north of houston. snow is also causing problems in areas unaccustomed to seeing a white christmas. dallas got hit with a rare snowfall, which made for dangerous driving conditions on the roadways. >> it's a mess. it's scary. >> reporter: a similar scene in lubbock, texas. crews were on the scene at this accident. in the houston area, strong winds toppled this tree on to a pickup truck, killing the driver. this morning, the huge winter system is on t
. causing a 21-vehicle pileup in oklahoma city. and the system is heading east, bringing with it treacherous conditions on the day after christmas, often a busy travel day. enough of a threat for some in cleveland to stock up on supplies. >> ready to go. >> i decided what we needed and go home. >> reporter: the storms are blamed for at least three deaths in texas, louisiana and oklahoma. live in new york, wendy gillette, abc news. muhammad and brandi, back to you. >> thanks, wendy. >>> here's a look ahead at the nation's weather. winter watches and warnings are in effect for almost half of the country. the northeast could see a rain/snow mix for the even commute before it turns all winter rain. wet from san francisco all the way to seattle. >> it is extremely cold in the middle of the nation. dallas is 38 degrees instead of the usual 55. minneapolis doesn't even get out of the teens. in the meantime, honolulu and miami, you're in the 80s. but there could be rain in both of those cities. chicago, detroit and indianapolis are in the 30s. >>> to our other top story this morning. president obama
's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >> former south african president nelson mandela has been released from the hospital and will be receiving high care@home. he has been in the hospital since december 8th. he was treated for a lung infection and had gall stones removed. nelson mandela out of the hospital today. good breaking news to pass along to you. >> a deadly winter storm that claimed at least six lives is making its way to the northeast, disrupting travel along the way in a dig way. more than 1,000 flights have been canceled with more to come as the massive storm moves into the new york area. it brought with it high winds and snow an
barreling across the city. lightning flashing inside, like giant christmas ornaments. twrisers spawned by a snowstorm marching all of the way from california. triggering these explosions. the midtown area of mobile fully blacked out. lit only by the lights of police cruisers. here in mobile, thousands still blacked out with power. across the region, over 250,000 people without power. >> we've had some moderate to minor injuries. to this point, there's been no deaths reported. judging from some of the damage we witnessed today, it's a miracle. >> reporter: dazed residents picked through the debris, as rescuers checked for people still trapped in the rubble. the winds mangling the antebellum homes here. picking up cars and ripping through a nearly 100-year-old high school here in mobile. and it's not over yet, sam. there is still a high wind warning is in effect. we talked about the breadth of the damage coming through last night. to get these power lines out of the way, of course, first restoring power to that hospital that got knocked out and all of this weather is punching through geo
. >> he was stolen from a street in new york city and now thanks to good samaritans the dog is back home. >> whoa! >>> there goes santa! look at that. >> this sad, an alabama fan, a hat, and tickets to the bcs title game. >> we're going to the game! ♪ >>> welcome to cbs this morning. we begin with this powerful storm system that caused a string of tornadoes that damaged buildings and knocked out hour in places like louisiana, mississippi, and alabama. it dropped heavy snow in parts of texas, oklahoma, and arkansas. >> it's blamed for three deaths and we'll check the forecast but we begin in hard hit mobile alabama where blake brown of our cbs affiliate is watching the tornado damage blake, good morning. >>> good morning this is the scene here in mobile, we have big trees down powerlines down, roof damage and it is just hours after the storm ripped through the city. >> volatile conditions as tornadoes toucheddown around mobile. >> i was screams and hollaring, and i was just scared to death. >> we ran into the cooler, got all of the employees in the cooler, and it cam
, and alabama. the hardest hit, mobile, where a twister ripped through the city downing tree, power lines and damaging more than 100 homes and businesses as well as a church and a high school. some were caught on the road when the tornado hit. >> at that poibnt, we just drov as fast as we possibly could. >> reporter: today officials assessed the damage and a cleanup began across much of the south. >> this is a dangerous situation with all the roofs off and the win did windows blown out. >> reporter: the top priority, getting power back to more than 215,000 residents across the southeast left in the dark. we temperatures expected to dip below freezing in some areas, officials say the main concern is keeping people safe. and almost 1200 flights today already have been canceled across the country and they're expecting many more delays. as a matter of fact, some airports are seeing almost four hours of delays. so they're telling people to check at the airport, check your flights before you get there. and as the storm continues to move into the northeast tonight and tomorrow, there will be mor
housing data out tod home prices rose 4.3% in the 12 months ending in october in a 20-city composite, beating analysts' forecasts. it did appear as 12 of the 20 cities in both composites posted monthly declines in october. david blitzer will join us in just a few minutes to go over this data. bottom line here, better than expected. maybe this is enough to keep this sector going. a very strong sector in consumer discretionary overall. home builders have really been a double in 2012. >> it wasn't until the second half of this word that you started hearing the words housing and gdp growth in the same sentence. perhaps the most significant part of the economy for so much of the early parts of the 2000s. we'll see. they do call it a sustained recovery. that is, s&p-case schiller, and the recovery continues to gather strength. >> the best performing sector, though, financials. >> financials, yeah. >> 26% on financials. utilities the only one lower for the year. nine out of ten s&p sectors higher. that doesn't happen a whole lot. >> no. >> when we come back, christmas day may be over, but w
could see over a foot of snow in that city and that's going to be the story in pennsylvania, upstate new york and portions of new england. if you live along the coast, new york city could see a slushy coating but not as bad. an inch or two in anything. areas that do not see a winter storm warning are looking at heavy rain. eric, gusts here on coastal areas could reach 60 miles an hour, so that's a huge concern. >> a lot of things to think about, especially with congress people home in their districts for christmas. flight cancellations, three thro four hour delays at philadelphia. daniel baker is c.e.o. of flightaware.com. what if there are a bunch of shut in airports in the northeast and these congress people need to get back to washington, d.c.? maybe for a vote. are they going to be able to? >> that's a big question and it's unknown. this is a big storm and it hasn't even had the full impact in d.c. and new york. and it's going to get a lot worse before it gets better. like you said, there's winds that are looking like 40, 50 miles an hour hitting new york soon and they're seeing trem
. if you are in new york city, schoolteachers and firemen make $100,000 a year and they are easily in households the approach the limit. it depends and where you live. among high-income people, there is a wide range of what people pay in taxes. if you're a lawyer in washington, i find them to be reasonable people who work long hours. you are probably paying 28%. if you are on wall street and you are well-connected if you have a capacity to have your income defined as investment as opposed to salary even though it is indeed salary income. if you are somebody like jamie dimon or warren buffet, you can get away with 14% tax. the real problem with upper individuals are not the people who pay the taxes we intend for the to pay, but all the people who get away without paying any taxes at all. those tax breaks and write offs are derived by the president and by democrats, but they never seem to get fixed. one reason is republicans do not want them fixed. and the other hand, the democrats get a lot of campaign contributions from wall street. that is a real problem on both sides of the aisle
into the heart of this city. >> christmas day tornado, going through mobile. that's like two tornadoes. >> reporter: this ef-1 twister, with winds up to 110 miles per hour, exploding into this church, snatching trees and mangling mansions. over 150,000 homes still without power. neighbors joining work crews, offering a shoulder and a hand. tessie and russell johnson held on tight to each other as the twister roared through. it lasted for just a short time? >> yeah, about 30 seconds. that's all it took. >> we were saying i love you a lot. >> yeah. >> reporter: this family also lucky to be alive. ashley and rick, a football coach at this high school, had family over for christmas. suddenly, the skies darkened. s took everybody along with you? >> they thought i was crazy. >> reporter: fleeing into the school's field house. not the christmas you anticipated? >> you kind of forgot it was christmas for awhile. >> reporter: and when that family finally emerged from that shelter just over there, this is what they saw. six class rooms e vice rated. perhaps this tornado left behind one christmas
christmas. >>> i'm the operating partner of exchange bar and grill located in new york city. i'm annoyed. i'm annoyed with the fiscal cliff. we're looking at not knowing what's going to happen. we fall off this cliff and everyone gets affected. there's no trickle down effect. it's more like a slush. we will lose income. the question is, how much income are we going to lose. if we fall off the cliff, the fear is that we fall off the cliff, not slowly glide down the cliff. big government at this point needs to understand that we should be able to trust you to do the right thing, put politics aside, think about us, the people. that's why we have government. fix it. a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. >>> as the holiday season comes to a close, the early numbers suggest that what started out strong is now ending in a wh
Search Results 0 to 16 of about 17 (some duplicates have been removed)